RE: Dead cat bounce10 Aug 2018 15:27
"I just cant see the City keeping 160p as a low giving the BOD an instant profit."
Not much difference, but they need more like 161p just to break even given the stamp duty and dealing costs.
Don't think the market cares one way or another whether they make a profit, everyone's too busy trying to make a profit themselves.
Anyway, keeping an eye on it and still two hours to decide if we've reached the bottom!